- Solar Alliance (SOLR) has signed a contract with Knoxville Utilities Board for a 1 MW solar project
- The company will design, engineer and install the project – Knoxville’s first community solar site – by August 2022
- Solar Alliance and Knoxville Utilities Board also entered into an operations and maintenance agreement for the project with a term of up to five years
- Solar Alliance is an energy solutions provider focused on residential, commercial and industrial solar installations
- Solar Alliance (SOLR) closed up by 4.55 per cent trading at $0.115 per share
Solar Alliance (SOLR) has signed a contract with Knoxville Utilities Board for a 1 MW solar project.
Knoxville Utilities Board provides electricity, natural gas, water, wastewater and fiber broadband services to more than 473,000 customers in Knoxville, Tennessee.
The company will design, engineer and install the project – Knoxville’s first community solar site – by August 2022.
Solar Alliance and Knoxville Utilities Board also entered into an operations and maintenance agreement for the project. The initial term is for one year with up to four one-year renewals.
The project builds on Solar Alliance’s expanding utility customer project base, which includes initiatives with utilities LG&E/KU, EPB and AEC.
“Solar Alliance is a Knoxville-based leader in the commercial and utility solar sector and this project illustrates our commitment to our local community while building strong relationships with utilities,” stated Myke Clark, Solar Alliance’s CEO.
“It also shows our growth as a company as we continue to aggressively grow our backlog of large projects,” he added. “The potential for solar growth in Knoxville, Tennessee and the U.S. Southeast is massive, and we have become a market leader in this rapidly growing industry.”
Solar Alliance is an energy solutions provider focused on residential, commercial and industrial solar installations.
Solar Alliance (SOLR) closed up by 4.55 per cent trading at $0.115 per share.